The Bitcoin News

• Banned Facebook Users May Not Have Access to Libra18 Jul 2019 15:02

  The Facebook two day Senate hearings on its upcoming Libra cryptocurrency have revealed that banned users from the social platform might not have access to the coin. At the hearings, Facebook’s cryptocurrency head, David Marcus was asked by Representative Sean Duffy what users will be able to have access to Libra. The Congressman first asked […]

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• Litecoin Price Analysis: LTC Leads Altcoin Recovery18 Jul 2019 14:54

  Litecoin has broken the current bearish downtrend pattern after a month-long pull-back saw price levels drop around 50%. The question remains as to whether LTC and other altcoins will begin to rally higher or continue to create lower lows over the coming weeks. Litecoin Price Analysis Daily Chart On the Daily LTC/BTC chart we can […]

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• Coinbase Launched Price Prediction Tool18 Jul 2019 14:30

  The Coinbase exchange revealed today a tool which predicts crypto market moves by aggregating data from its own exchange. The tool will use indicators derived on the activity of large trading whales, the average hold time for a given asset, and the performance of “correlated” cryptos. According to a blog post, Coinbase.com will offer free […]

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• Bitcoin Price Will Not Hit New Lows, Says Leading Crypto Analyst18 Jul 2019 14:00

  Bitcoinist Senior Analyst, FilbFilb, believes that the basic rule of supply and demand will prevent Bitcoin from dropping to a new 2019 low. FUD to Drive Bitcoin to a New Bottom? Bitcoin’s most recent price action has presented a plethora of challenges to cryptocurrency traders, and the drop below $10,000 has the most bearish traders […]

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• Binance Will Airdrop 9.5 Stellar Lumens and Add Staking Support18 Jul 2019 13:53

  Binance announced that it has amassed 9.5 million Stellar Lumens (XLM) from staking and it will be rewarding XLM owners on the exchange from the staked amount. Binance managed to get so many XLM as in August 2018, the Stellar team advised the management on how they modify various parameters on the exchange’s hot and […]

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• Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels18 Jul 2019 12:55

  The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, Mediterranean […]

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• Bitcoin price (BTC/USD) bounces back following poor Wednesday morning trading18 Jul 2019 12:21

  The Bitcoin price (BTC/USD) has seen a solid uptick following its Wednesday slump towards the $9,000 mark. The original cryptocurrency performed poorly during yesterday’s morning trading, when its price tumbled down to the low $9,000 area. The coin fell to as low as $9,163.13 during the late morning session, which was its lowest price level […]

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• Ripple Labs Made $533.7M Dumping XRP in 2018, Token Still Down 82%18 Jul 2019 12:00

  A new study reveals that Ripple Labs made more than half a billion dollars during the 2018 bear market by dumping pre-mined XRP tokens on to investors. Ripple Hits 19-Month Low It’s common knowledge that when Ripple was first created, all 100 billion XRP tokens in the total supply were pre-mined prior to launching. 80% […]

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• Facebook is ‘fully committed’ to working with regulators on Libra, says David Marcus18 Jul 2019 09:36

  Facebook’s blockchain chief David Marcus said that the social media giant “will not offer” its proposed digital currency Libra “until we have fully addressed regulator’s concerns and received the proper approvals”. Marcus made the comment during yesterday’s congressional hearing on Libra, where he also assured lawmakers that Facebook was “fully committed to working with regulators” […]

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• ‘Shitcoin’ Searches Spike After Senator’s Speech, Altcoins Recover18 Jul 2019 09:00

  Yesterday’s US Congress hearing was largely about lambasting Libra and Facebook’s financial global domination ambitions. A few other snippets emerged from the meeting, however, and not all are bad for bitcoin and the crypto industry. Libra Lambasted … Again The consensus of opinion from senators at yesterday’s hearing was that Facebook is dangerous and any […]

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